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VITAMIN SUPPLEMENTS MARKET 2021 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2025 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
VITAMIN SUPPLEMENTS MARKET 2021 Vitamin Supplements Market 2021: Industry Survey, Growth, CompetitiveLandscape and Forecasts to 2025 Global Vitamin Supplements Market has been registering a notable growth over the last few years and is projected to grow by USD 30,520.40 Million from 2018 to 2025 at a CAGR of 6.65%. With a large number of players present in the market, the vitamin supplements industry is marked by high intensity of rivalry. There is a high level of competition among the market players in terms of product quality and product variety. The key players invest in research and development to bring about innovation in their product lines and make product development a priority to meet changing consumer preferences. The European vitamin supplements market has witnessed several product launches in recent years. For instance, in May 2018, Kappa Bioscience introduced K2Vital. Manufacturers are also emphasizing innovative promotions to create strong awareness among consumers. Additionally, the players are also focused on adopting strategic growth initiatives such as acquisitions, and expansions to strengthen their market position and capture a large customer base. The manufacturing and sale of vitamin supplements are subject to strict government regulations. Organizations such as the US FDA and the European Food Safety Authority (EFSA) are responsible for controlling permits, setting regulations for the entry of new players, residual management issues, and inspection of expiry dates for the products such as vitamin supplements. The FDA has set standards for regulating the manufacture and distribution of functional foods and vitamins in the US, while the EFSA has several regulations concerning the raw materials used in nutraceutical production, the production process, and labeling. Such stringent government regulations are creating challenges in the growth of vitamin supplement manufacturers across the globe. www.marketresearchfuture.com
VITAMIN SUPPLEMENTS MARKET 2021 Study Objectives of VITAMIN SUPPLEMENTS Market: • The Global Vitamin Supplements Market is expected to register a growth rate of 6.65% during the period of 2019 to 2025 in terms of value. Increasing health consciousness among consumers is projected to propel the growth of the global vitamin supplements market. • By type, the multivitamins segment is projected to maintain its dominance during the forecast period of 2019 to 2025. The segment is expected to register the highest growth rate of 6.86% during the forecast period. • On the basis of form, the tablets, capsules & softgels segment held the largest market share in 2018 and is projected to register a CAGR of 6.49%. Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/686 www.marketresearchfuture.com
VITAMIN SUPPLEMENTS MARKET 2021 Regional Analysis Geographically, the global vitamin supplements market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, Asia-Pacific dominated the market, accounting for the largest share of more than 36% in 2018. It is also expected to register the highest CAGR of 7.22% during the assessment period. Browse Report @ https://www.marketresearchfuture.com/reports/vitamin-supplements-market-686 www.marketresearchfuture.com
VITAMIN SUPPLEMENTS MARKET 2021 Application & Major Players in this Research: VITAMIN SUPPLEMENTS Market Prominent Players: Market Research Future recognizes The Nature's Bounty Co. (US), Glanbia plc (Ireland), Herbalife Nutrition Ltd. (US), Abbott Laboratories (US), Amway Corp (US), Bayer AG (Germany), GlaxoSmithKline plc (UK), Otsuka Holdings Co., Ltd (Japan), Nature's Way Products, LLC (US), and Living Essentials Marketing, LLC (US) as the Key Players active in the Global Vitamin Supplements Market. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/686 www.marketresearchfuture.com
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